Government-Funding

FDA Prescription Drug User Fee Act Creates Financial Dependence on Pharmaceutical Industry

| Importance: 9/10

The Prescription Drug User Fee Act (PDUFA) of 1992 fundamentally restructured FDA drug approval financing by creating a direct financial relationship between pharmaceutical companies and regulators. The Act mandated drug companies pay fees to fund FDA drug reviews, which eventually comprised up to …

Food and Drug Administration Pharmaceutical Research and Manufacturers of America (PhRMA) U.S. Congress Pharmaceutical Companies regulatory-capture pharmaceutical-industry fda government-funding institutional-transformation
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